Accounts Reconciliation & Settlements

Risk management and compliance, when approached strategically, have the potential to go beyond mitigating threats and protecting a company’s operations and reputation.

They can actually generate value and create opportunities. Our dedicated risk and compliance consulting team assists clients in transforming uncertainty into advantageous prospects. We work collaboratively with organizations to identify and leverage the potential within their risk and compliance functions, enabling them to thrive in an ever-changing business landscape.

We provide advisory services and solutions for accounts reconciliation.

For more than 27 years we have consistently evolved as a leading provider of advisory services and solutions for the complete spectrum of accounts reconciliation function for many sectors of business practices. We have championed the development of what is today known as the three-way reconciliation model for ATM and other EFT products in Nigerian financial sector.

We have similarly developed custom reconciliation models for the Insurance businesses, Microfinance Banks, Manufacturing sector, Pension industry, Logistics businesses and other sectors.

Our accounts reconciliation and settlement solutions are currently powering businesses in more than 37 countries in Africa and beyond.

We deliver strategic, transformative, and simple solutions that empower our clients to thrive both today and in the future.

Systematisation before Automation

Accounts reconciliation and settlements advisory and consulting services.

Finance costs adjustments.

e-Journal and other flat file systems reading into a Relational Database Management System.

Intra-day reconciliation cycle model. End-to-end model for full automation of all reconciliation functions without any human intervention.

Direct integration to any third-party reconciliation data sources.

Cloud-based reconciliation services

85%
Expected loss reduction

We assisted a leading commercial bank with risk management and compliance, resulting in reduced exposure, lower pilferages, and increased profitability. After consultation and deployment of automation tools, we successfully reduced the client’s exposure by over one-third and mitigated expected losses by approximately 85%.

5%
Uplift

A global bank partnered with us to enhance its accounts reconciliation process, which improved its asset and liability management operating models and liquidity. Through this transformational engagement, we revised the client’s behavioural models and reporting strategy.

>10
Banks

We designed and implemented a global integrity and compliance process for banking operations that has improved customer satisfaction. The program focused on implementing processes and deploying simple automation tools in bank branches, thus strengthening process compliance through a connected network architecture. Through diverse communication, training, and enablement initiatives, we engaged all employees on the path to achieving sustainable culture change.

Client results

Explore our success stories to see how we have helped businesses like yours overcome challenges and achieve tangible results.

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